What does average industrial wage mean?

average industrial wage meaning in Law Dictionary

1. A party offered accessibility make protection, monetary, and functions choices. 2. the per hour price an employee is paid. Farmers try not to spend in this way. This becomes the benchmark pay each hour.

average industrial wage meaning in Business Dictionary

1. Operational: Person or individuals provided authorization to access, manage or make choices with regards to security, operations and economic matters pertaining to a small business. 2. Typical per hour price taken care of workers in a geographic place in every industries except farm employees. Whenever average professional wage is well known, you can use it as an acceptable estimate for comprehending wages paid to employees in the country as a benchmark. Typical manufacturing wage data tend to be computed by the United States Bureau of Labor Statistics.